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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$850,000 Active Under Contract

15700 Reynolds Lane
Oak Forest, IL 60452

6 units |
6,106 sq ft;
lot: 0.68 acres
Commercial: Multi Family 5+ - MLS# 11887046
Property Photo
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Description

Welcome to 15700 Reynolds, 6-unit apartment building that makes for an exceptional investment opportunity. Well maintained building with new boiler system and all units lightly updated. This building has (5) two-bedrooms units and (1) one-bedroom unit, and all units hold 1 full bathroom. All units will be vacant upon new ownership, do not miss out on this great opportunity. Location is key and in a well desired area in close proximity to all the amenities that Oak Forest and Orland Park has to offer.

Features

  • Property Type: Commercial
  • Sub Type: Multi Family 5+
  • Listing Status: Active Under Contract
  • County/Area: Cook County
  • Zip Code: 60452
  • Year Built: 1979
  • Sq.Ft.: 6,106 sq ft
  • Stories: 3
  • Units: 6 units
  • Lot Size: 0.68 acres
  • Zoning: MULTI
  • # Of Dishwashers: 6
  • # Of Dryers: 2
  • # Of Refrigs: 6
  • # Of Washers: 2
  • # Of Window/Ac: 6
  • Approximate Age: 36-50 Years
  • Association Fee Includes: Lawn Care, Scavenger, Snow Removal
  • Building Area Total: 6106
  • Construction Materials: Brick
  • Cooling: Wall Sleeve
  • Directions: Central to Independence to property
  • Electric: Circuit Breakers
  • Heat/Ventilation: Baseboard
  • Information: List Broker Must Accompany, 48-Hr Notice Required
  • Insurance Expense: 6500
  • Insurance Expense Source: Owner Projection
  • Lot Size Source: County Records
  • Lot Size Square Feet: 2943
  • Main Type: Commercial Sale
  • Manager Expense: 525
  • Other Expense: 5326
  • Outdoor Parking: 6-12 Spaces
  • Tax Annual Amount: 12400
  • Tax Year: 2023
  • Type Multi-Family: Flats, Assisted Care
  • Water Sewer Expense: 4962
Courtesy of HomeSmart Realty Group
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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